Certain Warrants of Grom Social Enterprises, Inc. are subject to a Lock-Up Agreement Ending on 8-DEC-2023. These Warrants will be under lockup for 91 days starting from 8-SEP-2023 to 8-DEC-2023.

Details:
The company's executive officers and directors and any holder of 5% or more of the outstanding shares of Common Stock have agreed with the underwriters not to offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any shares of capital stock of the Company or any securities convertible into or exercisable or exchangeable for shares of capital stock of the Company, for a period of 90 days after the closing of this offering, subject to customary exceptions.